Ryde Announces Pricing of US$14 Million Offerings - Comprising US$12 Million Private Placement and US$2 Million Registered Direct Offering

▤ Summary

Ryde Group announced a US$14 million financing made up of a US$12 million private placement and a US$2 million registered direct offering. The company plans to use the net proceeds for working capital and general corporate purposes. The deal is expected to close in early December 2025, subject to customary closing conditions. Ryde operates a mobility and quick commerce platform that includes carpooling, private hire, taxi, and delivery services.

$ Funding

▦ Linked Companies